Wave

4.4 (1,663)
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Accounting, invoicing, and payroll management platform

About Wave

Wave is an integrated solution designed for small businesses. With our automatic bank connections, information flows into Wave, without manual entry. Users can collaborate with accountants or bookkeepers in real-time.

Teams can use Wave’s invoicing tools to collect money and choose templates that reflect their business, including logos and colors for invoices. Users can send invoices via email and collect credit card payments through payment processing. Wave’s Payroll tools in America and Canada offer direct deposit and employee self-service.

Wave’s personal finance tools assist with budgeting, real time investment tracking, and more.


Key benefits of Wave

Wave helps small business owners.



What you will see is all the tools you need to gain better insights into your personal and business finances, all with one login. Whether it’s invoicing, payroll, or personal investment tracking, the days of multiple logins are in the past. And with accounting and invoicing tools and payroll, getting organized has never been more affordable.



Get paid faster, gain insights into your businesses financial health, know where your money goes and pay your employees, all with Wave.


Images

Wave Software - Wave Dashboard
Wave Software - Wave Accounting
Wave Software - Wave Invoice Creation
Wave Software - Wave Invoice Schedule
Wave Software - Wave Invoice List
Wave Software - Wave Payments
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Wave Software - Wave Dashboard
Wave Software - Wave Accounting
Wave Software - Wave Invoice Creation
Wave Software - Wave Invoice Schedule
Wave Software - Wave Invoice List
Wave Software - Wave Payments

Not sure about Wave? Compare with a popular alternative

Wave

4.4 (1,663)
VS.

Starting Price

US$16.00
month
US$297.00
month

Pricing Options

Free version
Free trial
Free version
Free trial

Features

78
49

Integrations

6
1

Ease of Use

4.5 (1,663)
4.1 (47)

Value for Money

4.6 (1,663)
4.3 (47)

Customer Service

4.0 (1,663)
4.4 (47)
Green rating bars show the winning product based on the average rating and number of reviews.

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Reviews

Overall rating

4.4 /5
(1,663)
Value for Money
4.6/5
Features
4.2/5
Ease of Use
4.5/5
Customer Support
4.0/5

Already have Wave?

Software buyers need your help! Product reviews help the rest of us make great decisions.

Showing 5 reviews of 1,663
Amanda
Amanda
Overall rating
  • Industry: Marketing & Advertising
  • Company size: 2–10 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Wave - Accounting Software

Reviewed on 20/09/2024

I've used Wave for nearly five years now. It's simple to use, and the cost is pretty low compared...

I've used Wave for nearly five years now. It's simple to use, and the cost is pretty low compared to some of the other options out there. I have had a few technology hiccups from time to time that have created some extra work and had me exploring other options, but each time it was eventually resolved, and I am still with them.

Pros

Wave is pretty easy to use, and if you can't figure it out on your own, the help documents are pretty easy to follow and guide you to the right spot.

Cons

It's invoicing only so it's not as robust as some competitor products that also include documents for proposals and such.

Alternatives Considered

HoneyBook, FreshBooks and QuickBooks Enterprise

Reasons for Switching to Wave

Wave had the easiest to use interface and the options that were on the "had to have" list at the lowest rate. I really liked HoneyBook and FreshBooks, but their cheapest plans were much more expensive than Wave.
Noureddine
Overall rating
  • Industry: Transportation/Trucking/Railroad
  • Company size: 2–10 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

perfect app

Reviewed on 8/12/2024

I used it for more than 5 years and it help me a lot for my daily tasks as invoice customers ,...

I used it for more than 5 years and it help me a lot for my daily tasks as invoice customers , purchase in and accounting accounting tax statement

Pros

it's perefect app it help for accounting management, invoices and tax statement

Cons

for the option pay roll it's not available in Quebec

Alternatives Considered

QuickBooks Online

Reasons for Switching to Wave

it's easy to use and has all what I need and it help me in manage my work
Federico
Overall rating
  • Industry: Information Technology & Services
  • Company size: Self Employed
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Likelihood to recommend 9.0 /10

Super Easy To Use

Reviewed on 9/01/2025

Pros

Wave is super easy to use and it's free! I can create invoices and track my expenses without any hassle

Cons

Wave is great for basic accounting, but it doesn't have all the features I need. It would be cool if it had project tracking and CRM features

Daniel
Overall rating
  • Industry: Accounting
  • Company size: 2–10 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 6.0 /10

Good software for basic use, great for personal accounts.

Reviewed on 14/10/2024

It was great solution for small business in the UK market, however with the introduction of MTD in...

It was great solution for small business in the UK market, however with the introduction of MTD in the UK, Wave has decided to stop developing the product for the UK market within MTD.

Pros

I liked that it was an online free solution for the UK customers.

Cons

The reporting side is very limited, only basic reports are available.

Alternatives Considered

FreshBooks and FreeAgent

Reasons for Choosing Wave

We needed an online solution for the clients that we would be able to monitor on an ongoing regular basis.

Switched From

Microsoft Excel

Reasons for Switching to Wave

It was free software that our clients were comfortable to use.
Alexander
Overall rating
  • Industry: Media Production
  • Company size: 2–10 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Useful budgeting tool if integrations work.

Reviewed on 5/02/2025

Positive, but some integration issues. It was useful until our bank connection broke.

Positive, but some integration issues. It was useful until our bank connection broke.

Pros

Helpful cashflow charts and transaction breakdowns

Cons

One of our banks doesn't integrate with Wave, which makes it much less useful.

Showing 5 reviews of 1,663 Read all reviews

Wave FAQs

Below are some frequently asked questions for Wave.

Wave offers the following pricing plans:

  • Starting from: US$16.00/month
  • Pricing model: Free Version, Subscription
  • Free Trial: Not Available

Wave offers two main pricing plans: Starter and Plus. The Starter plan is designed for businesses looking to manage their finances effectively. It includes features such as creating unlimited estimates, invoices, bills, and bookkeeping records, as well as the option to accept online payments and invoice on-the-go through the Wave app. On the other hand, the Plus plan builds upon these functionalities by providing more advanced features to streamline financial processes. These features include auto-importing bank transactions, auto-merging and categorizing bank transactions, digitally capturing unlimited receipts, and tracking expenses. Users of the Plus plan also benefit from automated late payment reminders, helping them stay on top of their financial obligations. Additionally, the Plus plan offers the option to accept online payments at a discounted rate, enhancing convenience and cost-efficiency for businesses. Ultimately, while the Starter plan is ideal for basic financial management tasks, the Plus plan caters to businesses seeking a more comprehensive solution with advanced automation features and additional tools to ensure efficient financial operations. Accounting & Invoicing - Free Receipt Management - Free Credit card processing - $0.30 + 2.9% per transaction Bank payment/ACH processing - 1% per transaction ($1 minimum fee) Payroll (tax service states): $35/month base fee + $4/active employee + $4/independent contractor paid Payroll (self service states): $20/month base fee + $4/active employee + $4/independent contractor paid

Wave has the following typical customers:

Self Employed, 2–10, 11–50, 51–200

Wave supports the following languages:

English

Wave supports the following devices:

Android (Mobile), iPhone (Mobile)

Wave integrates with the following applications:

Gmail, Google Sheets, Microsoft Outlook, PayPal, Shoeboxed, Zapier

Wave offers the following support options:

Email/Help Desk, FAQs/Forum, Knowledge Base, Chat

Related categories

See all software categories found for Wave.